Bitcoin (BTC) trading above $87,000 and the S&P 500 reclaimed its 200-day moving average

Risk-assets have a spring in their step. Bitcoin (BTC) is trading above $87,000 and the S&P 500 reclaimed its 200-day moving average

Risk-assets have a spring in their step. Bitcoin (BTC) is trading above $87,000 and the S&P 500 reclaimed its 200-day moving average for the first time since March 10.

However, volatility is expected to rise ahead of Friday's quarterly options expiry, with over $12 billion in notional value set to expire on Deribit with a max pain price at $85,000. Most open interest, meantime, centers around $100,000 call options.

President Trump is deploying new trade war tactics, introducing "secondary tariffs" that could impose a 25% levy on any nation buying oil and gas from Venezuela, reports Bloomberg.

He also signaled that while some countries may receive exemptions on tariffs, additional tariffs on autos, lumber and semiconductor chips will be announced in the coming days. These measures, part of the president's broader "America First" economic agenda, could take effect as early as April 2.

Bloomberg adds that Treasury Secretary Scott Bessent continues to advocate for tariffs, framing them as a strategic tool that serves multiple purposes: providing leverage in negotiations, generating government revenue and rebalancing trade in favor of the U.S.

Meanwhile, in the U.K., Chancellor Rachel Reeves is preparing for Wednesday's Spring Statement amid rising bond yields that threaten to complicate fiscal planning. Early reports indicate she will propose civil service job cuts while ruling out further tax increases.

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CRO is no different from a scamYour team just reissued 70B CRO a week ago that was previously burned "forever" in 2021 (70% total supply) and went against the community wishes as you control majority of the supply. Unsure why Truth would chose a partnership with your exchange…

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It's Friday morning in Asia, and Bitcoin (BTC) price hovers around $87,000 as the S&P 500 has reclaimed its 200-day moving average for the first time since March 10.

The move comes as the world's largest economy grapples with the potential for fresh tariffs and the U.S. president's broader "America First" economic agenda.

President Trump is deploying new trade war tactics, introducing "secondary tariffs" that could impose a 25% levy on any nation buying oil and gas from Venezuela, reports Bloomberg.

He also signaled that while some countries may receive exemptions on tariffs, additional tariffs on autos, lumber and semiconductor chips will be announced in the coming days. These measures could take effect as early as April 2.

These tariffs are part of the president's broader "America First" economic agenda, which prioritizes reducing the trade deficit and creating jobs in the U.S.

The report adds that Treasury Secretary Scott Bessent continues to advocate for tariffs, framing them as a strategic tool that serves multiple purposes.

According to the report, tariffs provide leverage in negotiations, generate government revenue and rebalance trade in favor of the U.S.

Meanwhile, Chancellor Rachel Reeves is preparing for Wednesday's Spring Statement amid rising bond yields that threaten to complicate fiscal planning.

Early reports indicate that she will propose civil service job cuts while ruling out further tax increases.

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By Shaurya Malwa

CRO is no different from a scamYour team just reissued 70B CRO a week ago that was previously burned "forever" in 2021 (70% total supply) and went against the community wishes as you control majority of the supply. Unsure why Truth would chose a partnership with your exchange…

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Most open interest on Deribit is in $100,000 call options ahead of Friday's $12 billion options expiry.

The maximum loss for sellers of the March series options is at around $85,000, the "max pain price," according to new data from Deribit.

The options expire on Friday at 8 p.m. ET (12:00 AM Saturday, 2 March; in Greenwich Mean Time).

The bulk of the open interest is in $100,000 call options, with over 60,000 contracts open at that strike price.

The next highest open interest is in $50,000 call options, with